Lendlease International Towers Sydney Trust

Lendlease International Towers Sydney Trust (LLITST) is a A$4.6 billion trust, established in 2012. It holds a 100% interest in the first two commercial towers constructed by Lendlease at Barangaroo South, being International Towers Sydney – Tower Two and International Towers Sydney – Tower Three. The Fund also holds a 100% interest in Australia's first engineered timber office, International House Sydney at Barangaroo South and the Towns Place Car Park.

Barangaroo South is an urban regeneration project located on the last major waterfront site in the Sydney central business district (CBD). It is now an integral part of Sydney’s dynamic economic, cultural and social fabric. Surrounded by breathtaking natural beauty, this neighbourhood is a showcase of international design excellence, leading technologies and sustainability, outstanding dining and retail, health and wellbeing offerings, public art and cultural programs, waterfront living, communal spaces and amenities.

The towers are developed and constructed by Lendlease to a Premium grade standard, offering tenants leading environmental credentials. 

Tower Two and Three is designed to take advantage of the outstanding harbour-front location and has achieved the following Sustainability credentials:
Certified WELL Platinum
6 Star Green Star (v3 rating)
6 NABERS Energy rating
6 NABERS Indoor Environment rating
6 NABERS Water rating
 
Overview:

• Tower Two is a 90,000 square metre premium grade office tower, with 43 levels.
• Tower Threeis a 82,400 square metre premium grade office tower, with 39 levels.
• International House Sydney is a sustainable office building with 7,500 square metres across six levels of office and one of retail. The asset has been constructed from Cross Laminated Timber (CLT) and glue laminated timber (Glulam), which hold lower carbon footprints than other building materials. The production process produces zero waste and the timbers are sourced from certified sustainably managed forests.
• The Barangaroo precinct is an easy, weather-protected walk from Wynyard train station and the Wynyard bus interchange. Ferry terminals at Barangaroo provide transport to Circular Quay and Parramatta, while the Metro delivers direct access from Sydney’s eastern suburbs and northwest to Barangaroo, greatly increasing access to new pools of talent.
  
  

Responsible Property Investment

LLITST has a vision to be recognised as the global leader in responsible property investment. It acknowledges the sustainability aspirations of the broader Lendlease Group and is aligned with Lendlease’s key sustainability objectives.

The Fund has had a Responsible Property Investment strategy in place since 2016.

Global Real Estate Sustainability Benchmark (GRESB)

LLITST has participated in the Global Real Estate Sustainability Benchmark (GRESB) assessment since 2014. 

The Fund was ranked third globally out of 964 participants in the 2019 annual GRESB real estate assessment. The Fund also came third globally in the Office sector across listed and unlisted funds.

It is the second year that LLITST has participated in the GRESB real estate category - previously it participated developer assessment category, which the Fund had achieved a first ranking for 4 consecutive years.